Positive SolutionsProblem: In my county small multi-family houses are nearly non-existent and short-term rentals and second-cooking-areas are illegal.Solution: House-hack while renting MTR to traveling medical professionalsProblem: I didn’t know the many laws of the countySolution: A hired attorney 1) informed me that the county calls a house-hack a boardinghouse and 2) drafted a very comprehensive agreement that includes answers to your list of questions.Problem: Interpersonal problems can be a risk.

However, if you’re thinking of investing a significant amount of capital, I’d do a much more comprehensive search.        

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Walk away from our expert-led 8-week virtual summit series with the confidence to tackle the challenges and seize the opportunities that 2025 has in store.In signature BiggerPockets fashion this is meant to give you actionable, educational, anti-guru, data driven insights for how to start or continue your investing journey in 2025.

If you want to get fancier and buy a more comprehensive calculator you could.

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

.: Well, what do you think about people that make a slightly educational post then have one of their VA’s on a different Bigger pocket account ask a question about the services that the OP provides and the OP makes a layout of the services they offer?

good for you on getting educated.

I went deeper into his educational material and found one of his courses, but it was $750.

For example, for my out of state clients, I make sure to consult with them on their deal analysis and #s, I educate them on the good/bad neighborhoods, I help them develop a scope of work and estimate renovations, I set them up with my PM/GC/lenders/etc.